Common use of Disposition of Natural Gas Clause in Contracts

Disposition of Natural Gas. The Parties recognize that if Natural Gas is discovered it may be necessary for the Parties to enter into special arrangements for the disposal of the Natural Gas, which are consistent with the Development Plan and subject to the terms of the Contract.

Appears in 7 contracts

Samples: Purchase and Sale Agreement (Hyperdynamics Corp), Overriding Royalty Agreement (Bontan Corp Inc), Overriding Royalty Agreement (Bontan Corp Inc)

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Disposition of Natural Gas. The Parties recognize that that, subject to the terms of the Contract, if Natural Gas is discovered it may be necessary for the Parties to enter into special arrangements with GNPC for the disposal of the Natural Gas, which special arrangements are consistent with the Development Plan and subject to the terms of the Contract.

Appears in 1 contract

Samples: Joint Operating Agreement (CAMAC Energy Inc.)

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Disposition of Natural Gas. The Parties recognize that if Natural Gas is has been discovered it may be necessary for the Parties to and that they shall enter into special arrangements for the disposal of the Natural Gas, Gas which are consistent with the Development Plan and subject to the terms of the Contract.

Appears in 1 contract

Samples: Operating Agreement (Fortune Oil & Gas Inc)

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